Aventail Capital Group LP Has $27.49 Million Stock Holdings in WEC Energy Group, Inc. $WEC

Aventail Capital Group LP lifted its stake in shares of WEC Energy Group, Inc. (NYSE:WEC) by 20.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 239,884 shares of the utilities provider’s stock after acquiring an additional 40,961 shares during the quarter. WEC Energy Group makes up 1.3% of Aventail Capital Group LP’s holdings, making the stock its 25th biggest holding. Aventail Capital Group LP’s holdings in WEC Energy Group were worth $27,488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CoreFirst Bank & Trust acquired a new stake in WEC Energy Group during the 2nd quarter valued at approximately $26,000. Osterweis Capital Management Inc. acquired a new position in shares of WEC Energy Group in the 2nd quarter worth approximately $27,000. New England Capital Financial Advisors LLC lifted its position in shares of WEC Energy Group by 265.8% in the 2nd quarter. New England Capital Financial Advisors LLC now owns 278 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 202 shares during the period. Salomon & Ludwin LLC bought a new stake in shares of WEC Energy Group in the 3rd quarter valued at $30,000. Finally, Capital A Wealth Management LLC boosted its stake in shares of WEC Energy Group by 5,116.7% in the 2nd quarter. Capital A Wealth Management LLC now owns 313 shares of the utilities provider’s stock valued at $33,000 after purchasing an additional 307 shares during the last quarter. 77.20% of the stock is owned by institutional investors and hedge funds.

WEC Energy Group Stock Performance

Shares of WEC opened at $117.48 on Friday. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.44. The stock has a 50-day moving average of $111.90 and a 200-day moving average of $110.81. The company has a market cap of $38.24 billion, a PE ratio of 24.32, a P/E/G ratio of 2.82 and a beta of 0.58. WEC Energy Group, Inc. has a one year low of $100.61 and a one year high of $118.18.

WEC Energy Group (NYSE:WEC) last posted its quarterly earnings results on Thursday, February 5th. The utilities provider reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.03. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.19 billion. WEC Energy Group had a return on equity of 12.40% and a net margin of 15.90%.The firm’s revenue for the quarter was down 8.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.43 EPS. WEC Energy Group has set its FY 2026 guidance at 5.510-5.610 EPS. On average, equities research analysts predict that WEC Energy Group, Inc. will post 5.23 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WEC shares. Mizuho lifted their target price on shares of WEC Energy Group from $117.00 to $121.00 and gave the stock an “outperform” rating in a research note on Friday, February 6th. Jefferies Financial Group dropped their target price on shares of WEC Energy Group from $124.00 to $121.00 and set a “hold” rating on the stock in a report on Wednesday, January 28th. Bank of America set a $116.00 price target on shares of WEC Energy Group in a research report on Wednesday, December 31st. JPMorgan Chase & Co. increased their price target on WEC Energy Group from $113.00 to $115.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Finally, Barclays lifted their price objective on WEC Energy Group from $105.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $120.67.

Insider Transactions at WEC Energy Group

In related news, CEO Scott J. Lauber sold 8,089 shares of the stock in a transaction on Monday, February 9th. The stock was sold at an average price of $110.70, for a total value of $895,452.30. Following the transaction, the chief executive officer directly owned 66,801 shares in the company, valued at $7,394,870.70. This trade represents a 10.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ulice Payne, Jr. sold 1,450 shares of WEC Energy Group stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $114.60, for a total transaction of $166,170.00. Following the completion of the sale, the director directly owned 20,541 shares of the company’s stock, valued at approximately $2,353,998.60. The trade was a 6.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 42,354 shares of company stock valued at $4,855,505 over the last ninety days. Company insiders own 0.50% of the company’s stock.

WEC Energy Group Profile

WEC Energy Group is a Milwaukee, Wisconsin–based regulated energy holding company whose primary businesses are the generation, transmission and distribution of electricity and the distribution of natural gas. The company operates through a set of utility subsidiaries that provide bundled energy service, customer billing and energy-related programs to residential, commercial and industrial customers. As a regulated utility group, WEC’s operations focus on delivering reliable service while managing infrastructure investment and compliance with state and federal utility regulation.

Its utility subsidiaries include well-known regional operators such as We Energies and Wisconsin Public Service, along with Chicago-area natural gas utilities that were part of the Integrys Energy Group acquisition.